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With a quick glance at the maths, if I were to move to IL from the D.C. suburbs my tax burden would increase by over 12K. Wow is all.
This article does a great job explaining the proposed increases vs the fluff you read on IL site ... Time to rethink IL residency
Obviously this source is trying to lobby people to vote against this. But still damn. I love living in Chicago but Illinois taxes suck. Especially after moving here from Texas.
Well they always start at the higher brackets to get the masses to vote for it. They boil the rest of the frog after the law is in the books.
First they forget to make them inflation indexed then they start moving the brackets.
Looks like individual tax rate is only changing if u make over 250k so I am safe for a while 😅
just don’t get married...
That table3... yikes
I’m voting against, but this site is quite biased.
Democrats and Union Scam at its best.